Sharjah an attractive destination for both homebuyers, investors
- 25 Apr 2021
Sharjah Sustainable City, an eco-friendly community by Sharjah Investment and Development Authority (Shurooq), has set its sights on homebuyers for the Holy Month of Ramadan with a limited-time payment plan on its range of modern and sustainable villas.
Under the terms of the payment plan, homebuyers can make payments as low as Dhs4,236 per month, with 20 per cent of the plan covered during construction, and 80 per cent to be paid upon completion. In addition, the development is offering waivers on service charges for first five years, as well as complimentary eco-friendly and energy-efficient kitchen appliances and a fully integrated smart home setup.
Commenting on the announcement, Yousif Ahmed Al-Mutawa, Chief Executive Officer of Sharjah Sustainable City, said: “Sharjah is fast-becoming an attractive destination for both homebuyers and investors, and a regional hub for environmental sustainability. There is a necessary global shift towards green energy, eco-friendly practices and sustainable living being realised across the globe, and Sharjah Sustainable City is both a testament to that thinking and a forerunner in sustainable developments implementation.”
“As a way of encouraging prospective homeowners to adopt this mentality and make their dream come true during the Holy Month, we are introducing these incredible offers as a one-time promotion. Powered 100 per cent by clean energy, our homes are ideal for those looking to invest in properties that provide sustainable solutions to real-estate development, and an abundance of green space and social amenities for a unique community lifestyle,” he added.
Developed by Sharjah Investment and Development Authority in partnership with Diamond Developers, Sharjah Sustainable City is a world-class mixed-use development that meets the highest standards of social, environmental and economic sustainability.
Extending over an area of 7.2 million square feet in the Al Rahmaniyah area in the Emirate of Sharjah, the project comprises stylish and modern 3, 4 and 5-bedroom townhouses and corner units with a contemporary design distinguished by innovative architecture that maximises living space.
Sharjah Sustainable City is designed with a net-zero approach to community planning. The city is 100% solar powered, recycles 100 per cent of water and waste, cultivates vegetables and leafy greens on site, and is designed to encourage walkability and the use of clean mobility.
With social amenities such as parks, gyms, swimming pool, school, and walking/cycling paths spanning the community, Sharjah Sustainable City aims to improve the quality of life for residents without compromising the needs of future generations, as well as presenting opportunities for research and inspiration on how residential communities can minimize their carbon footprint.
Using thermal insulating construction materials and windows, smart home automation, water-saving appliances, energy-saving electrical fittings and rooftop solar PVC installations, the residential properties of Sharjah Sustainable City are projected to deliver savings of up to 50% on electricity and water bills for residents.
Earlier the Eagle Hills Sharjah, a joint venture between Sharjah Investment and Development Authority (Shurooq) and Eagle Hills has announced the completion of its beachfront living destination, Maryam Beach Residence on Maryam Island, Sharjah. The development is the first-of-its-kind luxury waterfront development in Sharjah’s Al Khan and Al Mamzar districts that promises an appealing and new community experience within the Emirate.
Maryam Beach Residence comprises 688 units across four residential buildings including Cyan Beach Residence, Azure Beach Residence, Sapphire Beach Residence and Indigo Beach Residence. The completion and handover of these units, spanning four stunning apartment buildings, marks an important landmark as Sharjah’s premium waterfront development begins to take shape. Intricately designed with leisure in mind, an abundance of amenities and outdoor living presents residents with a fulfilling and enjoyable lifestyle.
Commenting on the handover, Low Ping, CEO of Eagle Hills said: “The handover of Maryam Beach Residence marks a significant step in developing Maryam Island into an iconic waterfront destination. We are thrilled to mark the completion of Maryam Beach Residence as the ultimate leisure living destination. The beautifully designed buildings are complemented by panoramic sea views providing residents with a transformative and unparalleled living experience in the Emirate.
“This development will form a great addition to Sharjah’s real estate sector as well as attract tourism to Sharjah through its distinctive position on the vibrant Maryam Island, supporting the economic growth vision of the UAE,” she concluded.
